East-West Bank
pahirapan mag subscribe nito 300 shares lang sinwerte ko sa raffle
wow up 11%
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
SOLD my EW @20.25 bought at IPO of 18.50 a +8.07% profit, barya barya lang.. Big Grin
" A true Man embraces defeat and look forward for his Glory."

PD: none at the moment. 100% buying power.
...ayus yan hec Smile good job

wew...sana red pa ung DOW ngayon para makabili pa ako bukas ng EW at a bargain price Big Grin
Visit my blog for updates: Krye's Blog
To Sir Ollie:

Thanks Sir Ollie, quick release lng, barya lng binigay sakin ng COL eh, buti meron p. hehe
" A true Man embraces defeat and look forward for his Glory."

PD: none at the moment. 100% buying power.

EastWest Bank gains in market debut, sets P2-B capex
By Zinnia B. Dela Peña (The Philippine Star) Updated May 08, 2012 12:00 AMComments (0)

MANILA, Philippines - Gotianun-led lender East West Banking Corp. is setting aside P2 billion to more than double its branch network to 350 by 2014, in line with its bid to become one of the largest banks in the country.

EastWest Bank bucked the broader market’s downward trend yesterday and ended higher on its first day of trade. The stock hit an intra-day high of P20.70 prior to closing at P19.78, up 6.9 percent over its initial public offering (IPO) price of P18.50 each share.

In a briefing following the listing of the bank’s shares, EastWest Bank chairman Jonathan Gotianun said the bank has mapped out an ambitious growth plan aimed at further widening its customer base and geographical footprint.

From the existing 150 branches, EastWest Bank intends to add another 100 branches this year and further increase this to 350 by 2014.

Funding will come from the recently concluded maiden offering of shares, which generated P5.22 billion in total proceeds, inclusive of the greenshoe option.

Gotianun said the IPO underwriters decided to exercise the overallotment option due to strong demand from institutional investors. The offer shares account for about a quarter of the company.

“Our IPO and our listing today will give us growth capital to bring EastWest Bank to the next level of its development. We are very happy for the enthusiastic and positive response to our IPO, both here and abroad,” Gotianun said.

The IPO was the second biggest this year after banking tycoon George S.K. Ty’s GT Capital Holdings Inc.’s P21.6-billion share sale
baba ng volume compared kahapon. outrunned by sellers ng 18.50
pababa ng pababa ang EW
2 red candles na to a...for long term na talaga nyahaha Big Grin

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